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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenue:      
Rents $ 461,387 $ 437,560 $ 441,329
Tenant reimbursements 79,087 77,060 77,404
Termination Fees 4,497 3,233 2,951
Third party management fees, labor reimbursement and leasing 13,053 12,116 11,536
Other 4,186 5,710 5,348
Total revenue 562,210 535,679 538,568
Operating Expenses:      
Property operating expenses 160,406 152,319 159,768
Real estate taxes 55,612 53,402 51,433
Third party management expenses 5,751 5,127 5,590
Depreciation and amortization 197,021 188,382 202,933
General and administrative expenses 27,628 25,413 24,602
Total operating expenses 446,418 424,643 444,326
Operating income 115,792 111,036 94,242
Other Income (Expense):      
Interest income 1,044 3,008 1,810
Historic tax credit transaction income 11,853 11,840 12,026
Interest expense (121,937) (132,939) (131,405)
Interest expense - amortization of deferred financing costs (4,676) (6,208) (4,991)
Interest expense — financing obligation (972) (850) 0
Recognized hedge activity 0 (2,985) 0
Equity in income of real estate ventures 3,664 2,741 3,775
Net gain from remeasurement of investments in real estate ventures 6,866 0 0
Net gain on sale of interests in real estate 0 0 2,985
Net gain (loss) on sale of undepreciated real estate (137) 0 0
Net gain (loss) on real estate venture transactions 29,604 (950) (222)
Gain (loss) on early extinguishment of debt (2,119) (22,002) (2,776)
Income (loss) from continuing operations 38,982 (37,309) (24,556)
Discontinued operations:      
Income from discontinued operations 825 9,064 12,794
Net gain (loss) on disposition of discontinued operations 3,382 34,774 7,047
Total discontinued operations 4,207 43,838 19,841
Net income (loss) 43,189 6,529 (4,715)
Net income from discontinued operations attributable to non-controlling interests - LP units (55) (797) (778)
Net (income) loss attributable to non-controlling interests — LP units 357 (863) (994)
Net (income) loss attributable to non-controlling interests (412) 66 216
Net income (loss) 42,777 6,595 (4,499)
Distribution to Preferred Shares (6,900) (10,405) (7,992)
Preferred share/unit redemption charge 0 (4,052) 0
Amount allocated to unvested restricted shareholders (363) (376) (505)
Net income (loss) attributable to Common Shareholders/Unitholders 35,514 (8,238) (12,996)
Basic income (loss) per Common Share/Unit:      
Continuing operations (in dollars per share) $ 0.20 $ (0.36) $ (0.24)
Discontinued operations (in dollars per share) $ 0.03 $ 0.30 $ 0.14
Basic income (loss) per Common Share (in dollars per share) $ 0.23 $ (0.06) $ (0.10)
Diluted income (loss) per Common Share/Unit:      
Continuing operations (in dollars per share) $ 0.20 $ (0.36) $ (0.24)
Discontinued operations (in dollars per share) $ 0.03 $ 0.30 $ 0.14
Diluted income (loss) per Common Share/Unit (in dollars per share) $ 0.23 $ (0.06) $ (0.10)
Basic weighted average shares outstanding (in shares) 153,140,458 143,257,097 135,444,424
Diluted weighted average shares outstanding (in shares) 154,414,311 143,257,097 135,444,424
Net income (loss)      
Income (loss) from continuing operations 38,625 (36,446) (23,562)
Income (loss) from discontinued operations 4,152 43,041 19,063
Net income (loss) 42,777 6,595 (4,499)
BRANDYWINE OPERATING PARTNERSHIP, L.P.
     
Revenue:      
Rents 461,387 437,560 441,329
Tenant reimbursements 79,087 77,060 77,404
Termination Fees 4,497 3,233 2,951
Third party management fees, labor reimbursement and leasing 13,053 12,116 11,536
Other 4,186 5,710 5,348
Total revenue 562,210 535,679 538,568
Operating Expenses:      
Property operating expenses 160,406 152,319 159,768
Real estate taxes 55,612 53,402 51,433
Third party management expenses 5,751 5,127 5,590
Depreciation and amortization 197,021 188,382 202,933
General and administrative expenses 27,628 25,413 24,602
Total operating expenses 446,418 424,643 444,326
Operating income 115,792 111,036 94,242
Other Income (Expense):      
Interest income 1,044 3,008 1,810
Historic tax credit transaction income 11,853 11,840 12,026
Interest expense (121,937) (132,939) (131,405)
Interest expense - amortization of deferred financing costs (4,676) (6,208) (4,991)
Interest expense — financing obligation (972) (850) 0
Recognized hedge activity 0 (2,985) 0
Equity in income of real estate ventures 3,664 2,741 3,775
Net gain from remeasurement of investments in real estate ventures 6,866 0 0
Net gain on sale of interests in real estate 0 0 2,985
Net gain (loss) on sale of undepreciated real estate (137) 0 0
Net gain (loss) on real estate venture transactions 29,604 (950) (222)
Gain (loss) on early extinguishment of debt (2,119) (22,002) (2,776)
Income (loss) from continuing operations 38,982 (37,309) (24,556)
Discontinued operations:      
Income from discontinued operations 825 9,064 12,794
Net gain (loss) on disposition of discontinued operations 3,382 34,774 7,047
Total discontinued operations 4,207 43,838 19,841
Net income (loss) 43,189 6,529 (4,715)
Net income (loss) 43,189 6,529 (4,715)
Distribution to Preferred Shares (6,900) (10,405) (7,992)
Preferred share/unit redemption charge 0 (4,052) 0
Amount allocated to unvested restricted shareholders (363) (376) (505)
Net income (loss) attributable to Common Shareholders/Unitholders 35,926 (8,304) (13,212)
Basic income (loss) per Common Share/Unit:      
Continuing operations (in dollars per share) $ 0.20 $ (0.36) $ (0.23)
Discontinued operations (in dollars per share) $ 0.03 $ 0.30 $ 0.14
Basic income (loss) per Common Share (in dollars per share) $ 0.23 $ (0.06) $ (0.09)
Diluted income (loss) per Common Share/Unit:      
Continuing operations (in dollars per share) $ 0.20 $ (0.36) $ (0.23)
Discontinued operations (in dollars per share) $ 0.03 $ 0.30 $ 0.14
Diluted income (loss) per Common Share/Unit (in dollars per share) $ 0.23 $ (0.06) $ (0.09)
Basic weighted average shares outstanding (in shares) 154,929,545 145,883,217 145,118,841
Diluted weighted average shares outstanding (in shares) 156,203,398 145,883,217 145,118,841
Net income (loss)      
Income (loss) from continuing operations 38,982 (37,309) (24,556)
Income (loss) from discontinued operations 4,207 43,838 19,841
Net income (loss) $ 43,189 $ 6,529 $ (4,715)